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20121202
20121210
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Search Results 0 to 11 of about 12 (some duplicates have been removed)
spending right now. the other side of this though, of course, is vice president biden went to a diner today to talk to some middle class folks and he basically said he has been talking to business leaders to say the converse of this is if there is a fiscal deal business leaders tell him the economy will be unleashed. take a listen. >> the upside is even bigger than the downside. they are ready to move they have well over a trillion dollars out there continue to vest if they think that the economy is going to move. >> and i have been talking to officials in both pears who say that has been the most surprising thing to leaders in washington here in private is that the markets have remained relatively stable despite this uncertainty here in washington. it will take though just one or two days next week or so for the markets to get a bit jittery and then all of a sudden that might light a fire under lawmakers here to finally get a deal, shep. >> shepard: it okay vice president biden today signaled he thinks the deal is coming and snapped his fingers along the way. this is a two man deal now pre
relations effort continued today. vice president joe biden had lunch with middle class americans who will see their taxes go up if republicans refuse to extend 98% of the tax cuts before the end of the year. >> folks, this is not hard. this ain't rocket science. it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent the middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> vice president joe biden did not waver on the white house's position. it's all about the top tax rates. >> every serious economist i have spoken to, left, right, and center, knows you have to do something about revenue and rates. you can't get there from here without affecting these people around this table and all of the sudden going into the deductibility of health care in terms of their employment or fooling around with the mortgage deductions. you can't get there without the rates being affected. >> the white house is not backing down
now on the jobs report. joining me is former economic adviser to vice president joe biden, jared bernstein, and ron insana. you heard the speaker and his comments moments ago. this is good for the president, the jobs report, no doubt. he can argue that, my policies have been working, better tax hikes for the upper 2%, more amenable because the economy is coming along. how do democrats leverage this in the key cliff negotiations going on? >> i think the key point is that there is some momentum in the jobs report. the labor market diminished a little bit in december. that's why the unemployment rate fell down, not because of extra jobs. but all told, especially expecting sandy's damage, it was a pretty good report and it shows that there's some und underlying momentum. the argument from the president or from anyone who cares are this economic recovery, it would be a crazy time to throw a monkey wrench at an ongoing recovery that has a little bit of momentum. >> ron, to you on this. talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a
yesterday. the army-navy showdown a classic. vice-president biden gets things underway with a coin toss and navy would open up the scoring, not to be outdone, army comes right back, and the quarterback with the 11 yard up the middle keeper there. and just out to the fourth. and navy down three, they go ahead with four minutes to go. and then two minutes left and as if things weren't tight enough. army with the winning score and they hand off and navy recovers with a 17-13 win and so broken up, crying, he had to be consoled by four star general, and navy has now beaten army. and you thought that college football was over for the year. >> what a great event. i live in phillies and friday nights in the city is filled with people and army thought they had it, but 11 straight. >> clayton: come on, army. let's check in with maria in for rick. >> good morning, everyone, we'll see a big shift in the weather pattern we've seen the last several weeks, very mild across the country and temperatures above average and enjoying basically very mild conditions for late fall and also early december, but
our discussions in the biden group, my discussions at the white house a year-and-a-half ago, and, for that matter, in the joint select committee. >> one interesting note here is how much businesses and ceos have become the political football here. i'm told that yesterday congressman kevin mccarthy, the republican majority whip, was on a conference call with ceos and he urged them to get involved and tell the white house in all their frequent communications with the white house that they need to tell the white house to start talking to house republicans. so ceos in the business community right in the middle of this negotiation. >> eamon javers, thank you. >>> john harwood has the latest on mr. obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, h
diner, vice president joe biden said if the gop were willing, a debt deal could be done in short order. >> it would take 15 minutes from the time the decision was made by the speaker of the house to pass and make permanent the middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. >> reporter: but even after the latest in a series of private calls with the president, house speaker john boehner says the white house is stone walling. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle class families, then we're also go to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much higher could be the key to compromise. the top tax rate is set to rise from 35 to 39.6% on january 1st. when asked if a middle gr
. up next, how vice president, joe biden, might just be part of this problem. we put a week's worth of bad odors in a home. some aerosols may just mix with them. can febreze really remove them? we asked real people what they thought. take a deep breath for me. describe the smell. it's very pleasant. fresh. some kind of flower maybe? remove the blindfold... awww, oh yuck! i didn't smell any of that! febreze air effects doesn't mix, it actually removes odors. [ laughs ] wow, that's incredible. just another way febreze helps you breathe happy. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on the brands you want. walmart. see for yourself if you could save on the brands you want. try ru
discussions in the biden group, my discussions at the white house a year and a half ago and for that matter, in the joint select committee. and if the president doesn't agree with our proposal, and our outline, i think he's got an obligation to send one to the congress. >> so that was speaker boehner obviously flanked by republicans. we'll get you that sound bite from the president because i want to make sure you hear both sides. here is the question i'm hearing people ask. if we go off the cliff here, how big of a hit will we take on taxs? stand by because i'm good to give you the closest answer i possibly can. to help me with that is laurie montgomery, the fiscal policy reporter for the washington post. so, laurie, welcome to you here. and your paper this morning, you ran through a couple of tax scenarios which were pretty palletable so we want to show our view whaeers what you ran through. let me run through two. we'll look at this first one. so everybody take a look at this graphic. this is scenario number one, married couple, two kids, one in college, combined income of $137,000. you s
. >> really? >> yep. they know who she is big time. >> biden. >> suppose she makes the decision and decides to run, you paralyze the democratic side. no donors are going to move, rightly so, because they want to find out -- >> and it completely influences the republican side because they're going to have to get somebody that can raise a bunch of money -- >> that's what mike allen said earlier. the only thing that matters is how do you go against her? how can you beat her? >> that's the only litmus test. >> mark halperin, you had said that last hour. the prism that republicans are viewing potential candidates, whether it's marco rubio or jeb bush or anybody else, can you beat hillary clinton? >> you know, i mean, it's just incredible. this is, i think, going to be my seventh presidential cycle. i've never seen a cycle like this setting up this way where she really is not just in her own party but in the race overall. i don't like, as you know, you tried to get me to talk about "game change 2." "game change 3," working title, the coronation. >> exactly. >> president obama has not been sworn i
. >> right. so there was some word during the campaign when joe biden let slip that $1 million would be the threshold for which they would begin to tax the wealthest americans. marco rubio on a saturday morning addressed as well. they are going after each other. senator marco rubio and president obama in these dueling addresses. >> we must get the national debt under control. taxes will not solve our 16 trillion-dollar debt. only economic growth and form of entitlement programs will control the debt. woe must reform the job killing tax code by getting rid of unjustified loopholes. our goals should be to generate new revenue by creating new taxpayers not new taxes. >> let's talk about that for eakd is. president obama said we have to make the wealthest americans pay more taxes to help our debt. that number happens to be, if you do the president's plan, the raising the income rates levels on the wealthest americans from 36% to 39.6%. that number comes out to about $83 billion. about 8 or 9 days worth of funding the government. so that clearly won't fix the trillion-dollar problem per y
Search Results 0 to 11 of about 12 (some duplicates have been removed)